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FINANCE COUNCIL
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Overview

The Parish Finance Council is a consultative body which advises the Pastor on financial matters.

Mandatory Activities/Responsibilities

  • Assist the Pastor in the preparation and presentation of the Parish annual budget in consultation with other parish groups.
  • Review the semi-annual financial reports which are made to the Chancery.
  • Assist the Pastor in the integration of the budget mechanism with goal setting processes to ensure that financial resources and parish goals are compatible.
  • Study parish revenue and make recommendations to the Pastor for maintaining or increasing revenues.
  • Assist Pastor in providing financial reports to parishioners.
  • Advise the Pastor in the development of salary administration program for parish employees.
  • Review contracts with outside parties and approve where appropriate.
  • Review and approve security procedures for the handling of money.
  • Recommend to the Pastor financial policies for the parish, in light of current policies issued by the diocesan finance and legal offices.
  • Provide consultation on the financial feasibility and projected resources to support planning projects of the parish.
  • Members must be available for all scheduled meetings.
Skills, Experience and Qualifications
  • Fully initiated Catholic of good standing in the parish community.
  • Active member of the parish.
  • Volunteer has sufficient experience and skills to contribute.
  • Skilled in working on a team.
  • A financial background would be very useful.

Personal Traits and Qualities

  • Needs to be flexible and have good relational skills.
  • Tolerance and patience is an asset.
  • A good sense of humour and a spirit of generosity

Orientation and Training

  • Standard parish orientation program.
  • Most experience is gained in the committee.
  • Guidance for committees comes from the Chancery.

Participant Group

  • The Finance Council, pastor and other parish leaders.
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Support, Supervision and Evaluation

  • The Pastor evaluates and supervises.
  • Support is provided by committee members.
  • Evaluation will take place at the end of each committee members term.

Length of Ministry Appointment

  • Three years

Benefits and Working Conditions

  • Satisfaction of working on team.
  • Job has a direct impact on the financial management of the parish.
  • Members must work 4-5 hours per month max.
  • Will develop group and team working skills.


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